2023/12/19 by Barış Ata, J. Michael Harrison, Ata, Baris +3 · 3 citations
Business, Management and Accounting · Engineering · Social Sciences · #Advanced Queuing Theory Analysis #FOS: Electrical engineering #FOS: Mathematics #Optimization and Control (math.OC) #Systems and Control (eess.SY) #Transportation Planning and Optimization #Transportation and Mobility Innovations #electronic engineering #information engineering
paper · pdf · doi:10.48550/arxiv.2312.11823
openalex publication_date 2023/12/19 · openalex created_date 2023/12/22 · openalex updated_date 2026/07/28
Motivated by applications in queueing theory, we consider a class of singular stochastic control problems whose state space is the d-dimensional positive orthant. The original problem is approximated by a drift control problem, to which we apply a recently developed computational method that is feasible for dimensions up to d=30 or more. To show that nearly optimal solutions are obtainable using this method, we present computational results for a variety of examples, including queueing network examples that have appeared previously in the literature.